TECHNOLOGY BRIEFING: HARDWARE

TECHNOLOGY BRIEFING: HARDWARE; UNISYS PLANS REVAMPING

Published: December 8, 2000

Executives of Unisys told analysts yesterday that they were considering shedding their federal computer services unit and cutting 2,000 jobs, or 5 percent of the company's work force, as it eliminates low-profit businesses that have generated $1 billion in revenue. The company, based in Blue Bell, Pa., said it expected fourth-quarter revenue to fall as it left the businesses. But earnings would be in line with consensus estimates, it said.